Silicon Valley, US-based tech firm Tachyus landed $6 million in a venture round led by Founders Fund to expand its workforce and use data to optimize oil and gas production.
North America
LightSquared confronted by near bankruptcy, adds more loans valued USD74 million
LightSquared Inc. confirmed that it would borrow from its lenders USD74 million as additional funding, reported Bloomberg.
Nebula bags USD3.5 million new debt funding
According to a court filing yesterday, Nebula has taken in USD3.5 million worth of new debt financing from undisclosed investors, reported Venture Beat.
Startup founders has high regard for IPO stock market prices
Startup founders have been looking highly at IPO stock market prices as a guideline towards success, said TechCrunch.
Apple declined joining Intellectual Ventures
Apple Inc. refused to join Intellectual Ventures on a patent trolling operations, reported Gigaon. Apple Inc. has declined joining Intellectual Ventures (IV) for a patent trolling business.
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Menlo Park, US-based printer giant Hewlett-Packard (HP) settled with the US Department of Justice (DOJ) and the Security and Exchange Commission for $108 million over the bribery and money laundering charges filed against it.
Enable Midstream Partners has announced its IPO price valued USD20 per share piece to start trading on Friday, April 11 on the NYSE.
San Francisco, US-based online food delivery startup Munchery raised $28 million in a Series B funding round led by Sherpa Ventures to bring its service to Seattle and other places in the US.
Stamford, US-based collaborative business intelligence (BI) platform Decisyon Inc landed $22 million in its Series B financing led by Catalyst Investors to support its global expansion.
The Hunt received USD10 million worth of new funding from Khosla Ventures and Javelin Ventures, reported TechCrunch.
San Francisco, US-based social music apps maker Smule scored $16.6 million in a new funding round led by Roth Capital Partners to develop its products and fuel its expansion into Asia.
RideScout, a transportation aggregating app that was previously available in Austin and Washington only, launched its service in San Francisco to help more people find the best route to get to their destination in real-time.
Ooomf changed its name to Crew and announced receiving USD2.1 million new funds, reported TechCrunch.
Genesis Media received new funding which was valued USD6 million for interrupting ads known as ContentUnlock, reported TechCrunch.
